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Question
Attempt the following.
State the different forms of finance provided by SIDBI.
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Solution
SIDBI offers the following finance facilities to its customers:
- Direct Finance: SIDBI offers direct financing to the MSMEs through financing Working Capital, Term Loan, Foreign Currency Loan, Equity Support, Energy Saving Schemes, etc.
- Indirect Finance: SIDBI offers indirect assistance by providing refinance to banks, State Level Financial Institutions, etc. with an extensive branch network across the country.
- Micro Finance: SIDBI offers micro-finance to small businessmen and entrepreneurs for establishing their business.
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